Tag Archives: community reinvestment act

For the first time in 40 years, the federal government could weaken a little-known but important law encouraging bank lending, services and investments in underserved communities: the Community Reinvestment Act. Advocates like The Greenlining Institute do not expect changes proposed…Continue reading

The Greenlining Institute and coalition partners submitted a comment letter in response to the Office of the Comptroller of the Currency’s Advance Notice of Proposed Rulemaking (ANPR) to the Community Reinvestment Act (CRA). Greenlining pushed back against the OCC’s proposals…Continue reading

Once again, the Trump administration is advancing an agenda that favors banks to the detriment of communities of color. Office of the Comptroller of the Currency head Joseph Otting proposes to gut the Community Reinvestment Act — an over 40-year-old…Continue reading

Reveal By Aaron Glantz and Emmanuel Martinez The Treasury Department on Monday released its plan to “modernize and improve” the Community Reinvestment Act, a 41-year-old law designed to fight the historic effects of government-sponsored lending discrimination. The move marks the…Continue reading

It’s considered rude to say, “I told you so,” but as far as the 2008 financial crisis goes, we did. Now a new wave of financial deregulation could set up a rerun of the predatory lending boom that devastated communities…Continue reading

I found out about the Greenlining Leadership Academy during the spring semester of my first year in graduate school at the University of Michigan, where I was working on my master’s degree in public policy. Everyone was finding summer internships,…Continue reading

By this point, it’s no secret that the Trump administration is in open warfare with communities of color, the working class, and regulations that safeguard our interests. Now, it seems, they’re coming after the Community Reinvestment Act – CRA for short.…Continue reading

Press-Telegram By Rex Richardson and Tunua Thrash-Ntuk The city of Long Beach recently launched the “Everyone In” Initiative, to create a more inclusive local economy where all Long Beach residents can thrive. The initiative will set out best practices and…Continue reading

With the recent news that Richard Cordray, President Obama’s holdover appointee director of the Consumer Financial Protection Bureau, is stepping down, consumer advocates nationwide are preparing for another disaster-of-the-week. To follow up on #45’s perfectly awful pairings of cabinet secretaries…Continue reading